• Individual Savings Accounts (ISAs) are a highly effective and popular route into tax-efficient investing. They are tax-efficient and you do not have to declare any income earned. Your ISA allowance is as follows:

    Tax Year 2016/17
    Allowance (individual)
    You + Spouse / Partner (combined allowance)


    Potential Benefits

    • Tax-efficient savings - in an ISA you don’t pay additional tax on income or capital gains meaning you make the most of the money you save.
    • Long-term potential of stock market investing - capture the potential of the stock market for long-term capital growth.
    • Access to our select range of 11 investment trusts - our range of investment trusts invest in equities, bonds, property and private equity, both in the UK and globally. And all benefit from the skill and expertise of our teams of fund managers. Click here to find out which trusts could be right for you.
    • Tailor to your needs - our investment trusts have different strategies and aims meaning you can create an investment portfolio to meet your requirements. If your circumstances and needs change over time you can switch between trusts as and when you need to, subject to applicable charges.
    • Flexible savings - low minimum initial investment choose from just £50 per month or £500 lump sum.

    What will this cost me?

    • Annual charge £60 + VAT
    • Dealing charge - 0.2% on sales and purchases.
    • Government stamp duty of 0.5% also applies on purchases of UK shares only.

     Risks to take into consideration

    • Price volatility - the value of shares and the income from them is not guaranteed and can fall as well as rise due to stock market movements. When you sell your shares, you might get back less than you originally invested.
    • Exchange rate risk - changes in the rates of exchange between currencies may have an adverse effect on the value, price or income of investments.
    • Gearing - investment trusts can borrow money (gearing), which can then be used to make further investments. They can also invest in instruments such as warrants or derivatives, where a small movement in the value or price of the underlying right or asset results in a larger movement in the value or price of the instrument. In a rising market, this ‘gearing’ can enhance returns to shareholders. Correspondingly, if the market falls, losses may be greater.
    • Insufficient income - where the income earned by an investment trust is insufficient to cover its charges and expenses, the balance may be charged to capital, which will to that extent, constrain capital growth.
    • Investment needs - if you start an investment in order to fund a specific need, for example to pay school fees, if you then do not maintain your contributions or your investment does not grow sufficiently, you may not achieve your target.

    Getting Started

    Opening an ISA with F&C is straightforward and can be done in minutes. You can apply online or complete an application form.

    • Choose your investment trusts
      Decide which of our investment trusts you’d like to invest into.
    • Decide on how much you want to invest
      You can invest monthly, in lump sums or a combination of both.
    • Make sure you’re happy to go ahead
      Read the Key Features and Terms & Conditions for our products - make sure that you understand them including any charges that apply to the products and are happy to go ahead.

    Transferring your ISA to F&C

    Over the years you may have built up a large portfolio of ISAs and a quick review may show they don’t meet your current investment needs;

    • Performance of your investment may not have delivered as you expected
    • You may be looking for a more income orientated investment
    • Your portfolio may be too focused on a single strategy and you’d like to diversify further

    Consolidating your ISAs with a single provider can help you to reduce your overall cost for your ISA portfolio as well as make administration and monitoring much easier.

    At F&C we only have a single charge no matter how many ISAs you hold with us. The transfer process is easy all you need to do is complete a transfer form and we will take care of the rest. The process can take between 4 and 6 weeks.

    The value of shares and the income from them is not guaranteed and can fall as well as rise due to stock market and currency movements. When you sell your shares, you might get back less than you originally invested. Tax can be a complicated area and much will depend on your individual circumstances, meaning it often makes sense to employ the services of a professional financial adviser.

  • New customers

    Call us on:
    0800 136 420

    Lines open 8.30am to 5.30pm weekdays, calls may be recorded or monitored for training and quality purposes.

  • Related products

Past performance is not a guide to future results. The value of investments can go down as well as up.

Information in this section of the Website is directed solely at persons who are located in the UK and can be categorised as retail clients. Nothing on this website is, or is intended to be, an offer, advice, or an invitation, to buy or sell any investments. Please read our full terms and conditions before proceeding further with any investment product referred to on this website. This website is not suitable for everyone, and if you are at all unsure whether an investment product referenced on this website will meet your individual needs, please seek advice before proceeding further with such product.



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